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CR 05-100 Cable TV Transfer of Control August 3, 2005 ~ Council Report 2005-100 Public Hearing on Transfer of Control of Cable Television System Proposed Action Staff recommends adoption of the following motion: Move to continue the public hearing until September 6. 2005. This motion will allow the City Council to accept statements regarding the proposed transfer of the City's cable television franchise at the August 3 meeting. The public hearing, however, would remain open to allow the Southwest Suburban Cable Commission (SWSCC) to provide information and make a recommendation regarding the transfer. Overview Time Warner Cable and Comcast Cable Communications have entered into an agreement to purchase the assets of Adelphia Communications. In addition to acquiring Adelphia cable systems, this agreement calls for Time Warner and Comcast to transfer cable systems throughout the United States in order to have individual markets, such as the Minneapolis/St. Paul area, be served by only a single company. The Public Hearing is called pursuant to the City's Cable Television Regulatory Ordinance regarding the proposed transfer of control of the cable television system and cable television franchise currently held by Time Warner Cable. Both the City's regulatory ordinance and state law require advance written approval by the City for any sale or transfer of the franchise. The City has received information regarding Comcast Cable Communications, LLC's legal, teclmical, and financial qualifications. The City is also working with the SWSCC and Moss & Barnett, its legal counsel, to review Comcast's qualifications and to provide recommendations regarding how best to process the requested transfer. Any and all interested parties may comment on the proposed transfer from Time Warner Cable to Comcast. Once the City closes the Public Hearing it will then have thirty (30) days within which to take action on a resolution either approving or denying the transfer request. Staff recommends that the City Council not close the public hearing but continue it until the SWSCC has an opportunity to review the transfer and prepare a recommendation to its member cities. The Commission will meet on Thursday, September 1.